Apartments For Rent in 97227
41 rentals
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Use arrow keys to navigate$1,449 - $2,099/mo
1-2 Beds
1 BathOverlook Park Apartments | 3705 N Overlook Blvd #605,
Portland, OR 97227
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Use arrow keys to navigate$849 - $950/moStudio0-1 BathAscend Apartments | 3912 N Vancouver Ave #72cf7c14f,
Portland, OR 97227
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$1,550 - $2,395/mo1-2 Beds1-2 BathsThe Albert | 3600 N Williams Ave #1B-1Ba-642Sqft,
Portland, OR 97227
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLYINCOME RESTRICTED$1,879 - $2,257/mo1-3 Beds1-2 BathsShortstack Mississippi | 3325 N Michigan Ave #301,
Portland, OR 97227
NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$951 - $1,032/moStudio-1 Bed1 BathHistoric Paramount Apartments | 253 N Broadway #412,
Portland, OR 97227
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$1,450 - $1,550/mo1 Bed1 Bath1 Month Free Rent & $0 Deposit W/ Approved Credit | 33 N Beech St #405,
Portland, OR 97227
Average Rent Trends in 97227
Rent in 97227 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,490 |
| Aug 2025 | $1,628 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,849 |
| Nov 2025 | $1,760 |
| Dec 2025 | $1,595 |
| Jan 2026 | $1,550 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,562 |
| Apr 2026 | $1,521 |
| May 2026 | $1,652 |
| Jun 2026 | $1,525 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,590 | $2,351 | $8,101 | — | $1,525 |
| Townhomes | — | $3,000 | $3,100 | — | $3,000 |
| Apartments and Condos | $1,645 | $2,149 | $8,101 | — | $1,525 |
Frequently Asked Questions about Rentals in 97227
- What is the average rent of an apartment in 97227?The average rent of an apartment in 97227 is $1,542 per month. This is about 21% lower than the national average.
- What is the average rent of a townhome in 97227?The average rent of a townhome in 97227 is $3,000 per month. This is about 54% higher than the national average.
- When is the average rent cheapest in 97227?In the last year, the average rent in 97227 was lowest in Jul 2025 when it was $1,490 per month.
- When is the average rent most expensive in 97227?In the last year, the average rent in 97227 was highest in Oct 2025 when it was $1,849 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97227?The average rent of a 1 bedroom apartment in 97227 is $1,590 per month. That is about $350 more than the cost of a studio apartment.
- How many available rental listings are in 97227?There are 38 available rental listings in 97227.
- What are some cities near 97227?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Metzger, Milwaukie. These cities may have more rental options to explore.